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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Mortgage Maturities) (Details) - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
May 31, 2018
Oct. 13, 2016
Annual maturities of mortgage debt          
2021-current maturities $ 2,549,000        
2022 79,941,000        
2023 25,419,000        
2024 11,269,000        
2025 21,709,000        
Thereafter 142,777,000        
Total 283,664,000        
Less: unamortized deferred financing costs (1,225,000)        
Secured Debt $ 282,438,864 $ 283,444,533      
Weighted average interest rate (as a percent) 3.91%        
Effective interest rate (as a percent) 3.97%        
Investment Properties          
Annual maturities of mortgage debt          
2021-current maturities $ 217,796        
2022 226,376        
2023 235,293        
2024 17,144,563        
2025 10,254,197        
Thereafter 138,865,231        
Total 166,943,456        
Less: unamortized deferred financing costs (686,558)        
Secured Debt 166,256,898   $ 166,357,134    
Hamilton Essex 81          
Annual maturities of mortgage debt          
2025 10,000,000        
Total 10,000,000        
Less: unamortized deferred financing costs (58,604)        
Secured Debt 9,941,396   9,927,607    
345 Franklin          
Annual maturities of mortgage debt          
2021-current maturities 217,796        
2022 226,376        
2023 235,293        
2024 244,563        
2025 254,197        
Thereafter 7,865,231        
Total 9,043,456        
Less: unamortized deferred financing costs (46,609)        
Secured Debt 8,996,847   9,199,730    
Hamilton Minuteman          
Annual maturities of mortgage debt          
Thereafter 6,000,000        
Total 6,000,000        
Less: unamortized deferred financing costs (83,540)       $ (123,000)
Secured Debt 5,916,460   5,908,276    
Hamilton on Main Apts          
Annual maturities of mortgage debt          
2024 16,900,000        
Total 16,900,000        
Less: unamortized deferred financing costs (50,829)        
Secured Debt 16,849,171   16,833,120    
Dexter Park          
Annual maturities of mortgage debt          
Thereafter 125,000,000        
Total 125,000,000        
Less: unamortized deferred financing costs (446,976)        
Secured Debt $ 124,553,024   $ 124,488,401 $ 82,000,000